Miami-Dade Foundation for Educational Innovation
Also known as Academy for Innovative Education
Miami-Dade Foundation for Educational Innovation reported $15.5 million in revenue and $12.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.74 went to program services, $13.26 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.4% of the total. The highest compensation it reported for one person was $182,308 (HEAD OF SCHO). 1 person received more than $100,000 in reportable compensation. Revenue rose 165% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 6.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.4% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $182,308 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.49% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe organization operates a charter school, which provides an education program to students in grades kindergarten through twelve. The school has implemented a curriculum with strategic objectves designed to meet or exceed the standards set by other comparable student populations. A total of approximately 1,062 students were served during the fiscal year ended june 30, 2025
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here1 people received more than $100,000 in reportable compensation from Miami-Dade Foundation for Educational Innovation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $211K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5171
- Volunteers Part I, line 625
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SCHOOL BOARD OF MIAMI-DADE COUNTY Management serv | $237,380 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Miami-Dade Foundation for Educational Innovation totaling $45 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Miami-Dade Foundation for Educational Innovation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Miami-Dade Foundation for Educational Innovation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Miami-Dade Foundation for Educational Innovation spent in FY2025, $86.74 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Pathway SchoolJeffersonville, PA · revenue $15M · programs 91.8% · FY2025
- Reach Academy Charter SchoolBuffalo, NY · revenue $15M · programs 88.1% · FY2025
- Inspired Teaching Demonstration Public Charter SchoolWashington, DC · revenue $15M · programs 87.2% · FY2025
- The Riviera Ridge SchoolSanta Barbra, CA · revenue $15M · programs 64.9% · FY2025
- Village Tech SchoolsDuncanville, TX · revenue $15M · programs 82.4% · FY2024
Questions people ask
How much of Miami-Dade Foundation for Educational Innovation's spending goes to programs?
In the fiscal year ending June 30, 2025, Miami-Dade Foundation for Educational Innovation reported that 86.7% of its $12.3 million in expenses went to program services, 13.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Miami-Dade Foundation for Educational Innovation pay its top executive?
The largest total compensation Miami-Dade Foundation for Educational Innovation reported for one person in the fiscal year ending June 30, 2025 was $182,308, for the role of HEAD OF SCHO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Miami-Dade Foundation for Educational Innovation get its money?
Of $15.5 million in revenue in the fiscal year ending June 30, 2025, 6.0% came from contributions and grants (including 4.3% from government grants) and 93.4% from program service revenue (Form 990, Part VIII).
Is Miami-Dade Foundation for Educational Innovation a registered charity?
The IRS lists EIN 45-2690728 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202640689349301309 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520629349300322 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410439349301511 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310599349300811 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201269349301840 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100719349301110 · read the filing
All filings for EIN 45-2690728: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.